Pro Forma Statement definition Open Split View ShareCite Pro Forma Statement means a financial forecast for the Facility for the next five-year period prepared in accordance with the standards for forecasts est
Pro forma financial statements can help you explore hypothetical scenarios for your business. So, what is a pro forma statement? Find out, right here.
According to Merriam-Webster, “pro forma” means something that is created or executed superficially or formally or a statement that is based on financial assumptions or forecasts. From an accounting perspective, pro forma financial statements are revenue and cost reports of a business based on an...
They can create a pro forma statement to show the effects of these changes on the overall profit of the company by simply rolling the current year’s financials to the next year and increasing revenues by 20 percent.As you can see, this is a great way for management to plan future ...
Pro Forma Financial Statement Afinancial statementthat a company prepares to consider the effects of a potentialactivity. For example, if a company is consideringacquiringanother, it may prepare a pro forma financial statement to estimate what effect the acquisition would have on its ownfinancialcircum...
Projection: A financial projection is an estimate of future financial performance based on certain assumptions or scenarios. It is similar to a pro forma statement, but may be less detailed or based on fewer assumptions.
Definition of Pro Forma Financial Statement A pro forma financial statement is one based on certain assumptions and projections (as opposed to the typical financial statement based on actual past transactions). Example of Pro Forma Financial Statement A corporation may want to see the effects of ...
or informal information presented in advance of the actual orformal information. The common objective of a pro forma document is to give afair idea of the cash outlay for a shipment or an anticipated occurrence. Proforma financial statements give an idea of how the actual statement will lookif...
pro forma statement 英 [prəʊ ˈfɔːmə ˈsteɪtmənt] 美 [proʊ ˈfɔːrmə ˈsteɪtmənt]预计决算表；暂编报表
What is Pro-Forma? Pro-Forma Financial Statement Example See Also: Proforma Earnings Balance Sheet Cash Flow Statement Free Cash Flow Variance Analysis Pro-Forma Financial Statements Definition In accounting, pro-forma financial statements are hypothetical financial reports that show either forecasts of...